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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Denice who wrote (8221)	11/27/2000 7:28:35 PM
From: Logain Ablar	Respond to of 30051

Denice: I'm seeing a lot of insider selling in tech land. Not just cmrc. As for cmrc it held $35 today but that won't hold if market retreats further and not sure how strong $32 is. cmrc has some conferences and meeting stuff next week (from memory) so it may get a pop from that plus month end window dressing. IMO we need the FED to go to neutral b/4 the funds come back and start buying. Till then bargains will get better, bias stays in a downtrend and bear claws are ripping. For trading RMBS seems to be holding $50 area and should be good for 10% swings but the soxx looks ready to break a little further. Its patent trial is next week. Tim